Short Interest in Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Decreases By 56.6%

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 2,506 shares, a decline of 56.6% from the June 30th total of 5,779 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 27,981 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a research note on Wednesday, July 22nd. Pareto Securities raised Alfa Laval from a “hold” rating to a “buy” rating in a research report on Wednesday, July 22nd. Finally, Citigroup reiterated a “neutral” rating on shares of Alfa Laval in a research note on Monday, July 13th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Alfa Laval Trading Down 0.5%

Alfa Laval stock opened at $58.52 on Tuesday. The business has a 50-day simple moving average of $57.73 and a two-hundred day simple moving average of $57.30. Alfa Laval has a 52-week low of $42.88 and a 52-week high of $62.95. The company has a quick ratio of 0.84, a current ratio of 1.38 and a debt-to-equity ratio of 0.29. The company has a market cap of $24.19 billion, a P/E ratio of 27.73, a P/E/G ratio of 3.97 and a beta of 1.14.

Alfa Laval (OTCMKTS:ALFVY) last announced its earnings results on Tuesday, July 21st. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.10). Alfa Laval had a return on equity of 18.60% and a net margin of 11.63%.The company had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.87 billion. Analysts predict that Alfa Laval will post 2.33 EPS for the current year.

Alfa Laval Company Profile

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.